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Axel Merk of Merk Investments: Buy Gold for Protection as the Risk is Something is Going to Blow Up

Wednesday, December 11, 2013 2:45
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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

[video] – Axel Merk, who manages nearly a half billion dollars, says, “The only good news in all of this is that policymakers are predictable. That provides opportunity such as shorting the yen or buying some gold.” Merk predicts, “The risk is something is going to blow up, but the more likely scenario is that we’re going to just keep our heads spinning . . . and we’ll talk again at gold $3,000, and they are still going to say gold is worthless.” Merk concludes, “We have less stability in the world. It is a global phenomenon.” Join Greg Hunter as he goes One-on-One with President of Merk Investments, Axel Merk.


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